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Tourism has a positive effect on Botswana's economy. Tourism creates a surge of business for local shops, restaurants, and hotels. This is true of tourism in any country of the world.
It generates money and jobs for the local economy.
The effect on the economy of the destination is one of the things of importance in international tourism. Many countries depend on the funds that result from international tourists.
by givig money
psycological effect of tourism to people
the effect of lack of tourism are involve in the area of political,economic,and etc....unstable financially,and economically....the very big result is poverty and under the line of good economy.
Is this tourism or terrorism?
Macroeconomic problems in India's economy can have an effect on all nations. When India has a large budget deficit it causes financial difficulties that effect all nations.
There will be a profound pressure on the Indian fiscal resources and FOREX reserves in the depleting economy as a micro impact. The pressures on India will also be fairly evident in the the receding global economy.
The tourism in Romania is not very profitable at the moment.
direct and secondary effect
The bad effects of the privatisation of Indian economy are as follows : 1. the company would run out of governments hand. 2. reduction in the control. 3.the objective of the company would divert from social obligation to profit motive.